3-bed · 1,919 sqftRimal 1, Jumeirah Beach Residence · 8th floor · completed 2007

807, Rimal 1

Sold prices and rental history: sold once, by the developer in November 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 350K6 November 2007
Current rentAED 180K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Rimal 1

What is 807 worth today?

Last sold for AED 349,500 in 2007

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15 Nov 2023RentedNew contract
AED 180,000/yr12 months · AED 94 per sqft
1 Aug 2023RentedRenewal
AED 118,502/yr5 months · AED 62 per sqft
1 Aug 2022RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Aug 2021RentedRenewal
AED 105,000/yr12 months · AED 55 per sqft
1 Aug 2020RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
23 Jan 2017RentedNew contract
AED 165,000/yr12 months · AED 86 per sqft
1 Aug 2016RentedRenewal
AED 165,000/yr12 months · AED 86 per sqft
1 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 91 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2023.

Key facts

Type
3-bed apartment
Size
1,919 sqft
Floor
8th of 47
Parking
B778/ B779
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 350K · November 2007
Building
Rimal 1

About 807, Rimal 1

807 is a three-bedroom apartment of 1,919 sqft on the 8th floor of Rimal 1, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 6 November 2007 for AED 349,500, or AED 182 per sqft, 50% below the AED 364 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 November 2023, is AED 180,000 a year: a gross yield of 51.5% on the 2007 price, before the service charge of about AED 30,200 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical three-bed in Rimal 1
02M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 1,135,000; 2009 AED 1,640,000; 2010 AED 1,906,883; 2012 AED 1,000,000; 2013 AED 1,700,000; 2014 AED 2,105,000; 2015 AED 2,562,500; 2016 AED 2,525,000; 2017 AED 2,191,862; 2020 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,500,000; 2024 AED 2,650,000; 2025 AED 2,619,378Sold by developer, November 2007: AED 349,500 (AED 182 per sqft)

807 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 807, each contractTypical three-bed in Rimal 1
100K200K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 136,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 156,500; 2018 AED 147,500; 2019 AED 131,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 123,000; 2023 AED 137,750; 2024 AED 173,000; 2025 AED 165,000New contract, January 2013: AED 65,000 a yearNew contract, August 2014: AED 175,000 a yearNew contract, August 2015: AED 175,000 a yearRenewal, August 2016: AED 165,000 a yearNew contract, January 2017: AED 165,000 a yearNew contract, August 2020: AED 95,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, August 2022: AED 120,000 a yearRenewal, August 2023: AED 118,502 a yearNew contract, November 2023: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 1, and where 807 sits

All 56 3-beds →

807 last sold in November 2007 at AED 182 per sqft, 50% below what three-beds in Rimal 1 were fetching at the time (AED 364). Over the last 12 months three-beds sold for AED 2,619,378 to 2,900,000, around AED 1,438 per sqft, and rent for AED 50,000 to 165,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20252,619,378
28 Jul 20252,627,552
20 Feb 20252,500,000
20 Jan 20252,600,000
2 3-bed sales in the last 12 months

Rimal 1

Building

310 apartments, 1-bed to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,545
Typical sale
AED 2.43M
Typical rent
AED 135K /yr
Typical yield
6.0%
Rimal 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 8th floor

All 310 units in Rimal 1
Value
8013-bedAED 2.4M · May 2017
8023-bedAED 1.11M · Dec 2008
8031-bedAED 415K · Oct 2010
8041-bedAED 415K · Mar 2010
8051-bedAED 1.49M · Aug 2023
8061-bedAED 1.17M · Jun 2022
8083-bedAED 2.1M · Sep 2007

807, Rimal 1 in numbers

  • Sold once: by Dubai Properties on 6 November 2007 for AED 349,500, or AED 182 per sqft.
  • Rented since January 2013 on 10 Ejari contracts, from AED 65,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2007 price is 51.5%, before a service charge of about AED 30,200 a year (AED 15.73 per sqft).
  • Three-beds in Rimal 1 sold for AED 2,619,378–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2023.

Questions about 807, Rimal 1

What did unit 807 last sell for?

AED 349,500 on 6 November 2007, sold by the developer: AED 182 per sqft for 1,919 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 180,000 a year on the contract signed on 15 November 2023. The previous contract, from August 2023, was AED 118,502; the unit has been rented since January 2013.

How big is unit 807?

1,919 sqft (178.3 sqm): a three-bedroom apartment on the 8th floor of a 47-storey tower completed in 2007.

What is unit 807 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 1 sold for AED 2,619,378 to 2,900,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 807, Rimal 1

Starts from the last sale price (AED 350K, 6 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 349,500
Deposit, UAE resident (20%)
AED 69,900
Deposit, non-resident (40%)
AED 139,800
Monthly over 25 years at 3.7%
AED 1,430

Plus AED 17,589 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →